MedRisk acquires Medical Diagnostic Associates Management

MedRisk, Inc., the nation's leading provider of physical medicine management to the workers' compensation industry, has acquired Medical Diagnostic Associates Management, Inc. (MDIA) based in Calabasas, Calif., and its access to a national diagnostic imaging network.

The acquisition is expected to enhance both companies' ability to manage medical costs and treatment strategies for improved patient care. Among the benefits to injured workers and payers are swift and smooth access to imaging, faster diagnoses and the ability to start physical medicine treatment sooner. The acquisition is supported by a marketplace demand for an alternate national imaging network.

Similar corporate philosophies built on clinical expertise and customer service brought the companies together. "We are delighted to work with a company that shares our values," said Shelley Boyce, CEO of MedRisk, noting that MedRisk continuously analyzes treatment protocols and compares evidence-based guidelines against its 20 years of claims data to facilitate quality care and manage costs. "MDIA has an impressive physician-driven, outcomes-based approach to diagnostic imaging," she said.

"MedRisk and MDIA both use advanced technology and on-site clinical expertise to contain costs and improve patient care. Unlike its competitors, MDIA has access to on-site, board-certified radiologists to oversee patient referrals and ensure that the appropriate examination, using the appropriate modality is performed. Studies can be accessed online 24/7 and those radiologists are available to discuss examination results with referring physicians and payers," said MDIA's Founder Ronald J. Friedman, M.D. "All of us at MDIA are looking forward to our new relationship with MedRisk."